Citi Revamps TMT, Energy Teams

Citigroup has appointed Mark Shafir as co-head of its technology, media and telecommunications group.

Citigroup has appointed Mark Shafir as co-head of its technology, media and telecommunications (TMT) group, The Wall Street Journal reports. He will be sharing responsibilities with the bank’s global head of investment banking, Ben Druskin and Ray McGuire. Additionally, Citi has also appointed the co-head of North America communications group, Eric Medow, as global head of telecom, while the other co-head of the communications group, Dan Richards will be global head of media. Ketan Mehta will be global head of TMT M&A and Joe Sauvage and Nick McKee will become co-heads of global power, while Steve Trauber will serve the lender as global head of energy.

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